Diversification is a strategy whose goal is growth,based on:

Question

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Diversification refers to adding new products or services to the company's existing collection of offerings. It involves expanding the company's business into new markets or industries, thereby reducing the risks associated with relying on a single product or service. This can lead to growth opportunities and increased profitability for the business. Option A, B, and C refer to strategies of increasing sales to existing customers, entering new markets or customer groups, and introducing new products to existing customers, respectively, but they do not necessarily involve diversification.

Diversification Is a Strategy Whose Goal Is Growth,based On